Beef and Bitcoin

Join Brett and CH as they discuss the recent interview with Chamath Palihapitiya where he made an interesting argument about a 1% portfolio allocation to bitcoin. Tim Draper also gave a bullish bitcoin prediction during a recent interview. Rate cuts continue to happen as Coronavirus news continues to spread across the globe. All of this and more. 

https://www.cnbc.com/video/2020/02/26/palihapitiya-everyone-should-have-1percent-of-their-assets-in-bitcoin.html https://twitter.com/CryptoBull/status/1232034735003664384?s=20 https://twitter.com/bondstrategist/status/1234191162862383109 https://www.zerohedge.com/economics/hong-kong-embraces-helicopter-money-govt-gives-every-adult-citizen-hk10000

Join Brett and CH as they discuss VanEck's recent presentation on The Investment Case for Bitcoin. VanEck breaks down the presentation into 3 parts: 1. Bitcoin as a Potential SoV 2. Bitcoin's Role in an Investment Portfolio 3. Accelerating Bitcoin Adoption chrome-extension://oemmndcbldboiebfnladdacbdfmadadm/https://www.vaneck.com/globalassets/home/us/insights/blogs/investment-outlook/vaneck-digital-assets--the-investment-case-for-bitcoin.pdf

Join Brett and CH as they discuss bcashers realization of the importance of running a full node, Layer1 launches its mining operations in west Texas, and Coinbase is awarded the opportunity to have bitcoin debit cards. All of this and more.

https://twitter.com/BitcoinMemeHub/status/1230826193269805059?s=20

https://twitter.com/VNumeris/status/1230722439375540227

https://www.theblockcrypto.com/post/56337/peter-thiel-texas-bitcoin-mine-goes-live

https://www.forbes.com/sites/michaeldelcastillo/2020/02/19/visa-grants-coinbase-power-to-issue-bitcoin-debit-cards/#558ff3b22e83

Join Brett and CH as we discuss the recently proposed tax cuts that will allow investors to buy securities (and GBTC?), the potential for a USD backed Libra stablecoin, and how the coronavirus can spread with paper money. All of this and more. 

https://twitter.com/lawrencelepard/status/1228430299274579974?s=21

https://nypost.com/2020/02/16/chinese-bank-to-destroy-cash-in-areas-hit-by-coronavirus/

Join Brett and CH as they discuss the recent apps from Jack Mallers and Escher that allow users to pay lightning invoices with USD. Bitcoin on the lightning network is maturing as a payment rail technology where the user no longer has to actually touch bitcoin in order to use it! This allows them to earn bitcoin back in certain use-cases, like buying gift cards on Fold over the lightning network, sometimes earning 5% back in Bitcoin. The looming pension crisis is also continuing to materialize and has been a topic of interest for Raoul Pal and Real Vision. Their latest series on the pension crisis paints an interesting picture of things to come. Last but not least, the bitcoin network processed its 500 millionth transaction. Not bad for being 11 years old! All of this and more

https://twitter.com/jackmallers/status/1222941238279708674?s=21

https://twitter.com/BMBernstein/status/1227312052991074305

https://decrypt.co/18481/bitcoin-breaks-500-million-transaction-milestone

Join Brett and CH as they discuss the recent updates with the coronavirus and where bitcoin fits. The global dependence on China for industry supply chain may be uncovered as production slows. Bitcoin sentiment has also shifted with the recent break above $10,000. All this and more.

Join Brett and CH as they discuss Square crypto's recent announcement of the Lightning Development Kit, Bitcoin Cash proposal that puts a 12.5% tax on miners to fund development, and another 51% attack on bitcoin gold. All of this and more.

https://www.coindesk.com/square-crypto-is-creating-a-lightning-development-kit-for-bitcoin-wallets?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20

https://twitter.com/lopp/status/1220087946419888130?s=21

https://twitter.com/somsenruben/status/1220181650815897600?s=21

https://cryptopotato.com/over-70000-double-spent-as-bitcoin-gold-experiences-its-second-51-attack/

Join Brett and CH as they discuss the recent framework released during the world economic forum outlining central bank digital currencies, Gold investor Peter Schiff publicly admits to losing his bitcoin, and Tether releases a new product called Tether Gold. 

 https://www.wsj.com/articles/former-regulator-known-as-crypto-dad-to-launch-digital-dollar-think-tank-11579179604 

https://cointelegraph.com/news/world-economic-forum-debuts-framework-for-central-bank-digital-currency 

https://twitter.com/PeterSchiff/status/1220135541330542592 

https://twitter.com/PeterSchiff/status/1218911797626847234

https://tether.to/tether-gold-launch-meets-growing-demand-for-digital-exposure-to-worlds-most-enduring-asset/?__cf_chl_jschl_tk__=9668abc8aaa936cfce94bbe443a2d8e9fc41fab3-1579831537-0-AUxgzKFfFtVplgvg50kQoH1HevsTUspl-9i0VjZVPFVzj-30xid6W43eth1Gz1rNgVuAW1yTUu2vSFTR4fyR2dEjVZTmcEHmqWuvO9Sk2XXsr0Ox6LhN5g-fyCdYtMPFzSKVpNttMTH2gmZVrVXr36c6zHngVq5mNVluhjOX8cVoGEIbm5a4o9WXw1jW77ffQRKpk0YOL-LNcxBX8Llmt_p156mEokyAd076E2zpj2tpo3colTMH8iV9n96AFOFAdHx5QVbpnca_Da7t-HM0pXiUpnZraR9ScUuJwOz8AJ03r1q7FRJYBXhmoEE5l_3KOEbxfCwKHIX-7uLwSqbetlU2X6ROdIEGidlRbtY_uJ2x0GUHLEXwJo8bmGRy0XMapg

Join Brett and CH as they discuss the recent Virtual Currency Fairness Act which allows for cryptocurrencies to be used for daily spending (under a certain limit) while not triggering capital gains events, Grayscales investment inflows in the 2019 year, and how bitcoin's digital nature impacts asset forfeiture. All this and more.

https://coincenter.org/entry/congress-takes-a-step-toward-a-de-minimis-exemption-for-everyday-cryptocurrency-transactions

https://www.forbes.com/sites/billybambrough/2020/01/16/institutional-money-has-arrived-in-bitcoin-as-grayscale-sees-record-600-million-inflows/#14c2cb605545

https://twitter.com/s_mikhailovich/status/1218593225771896834?s=21

https://www.seattletimes.com/nation-world/the-dea-seized-her-fathers-life-savings-at-an-airport-without-alleging-any-crime-occurred-lawsuit-says/

Join Brett and CH as they discuss that over 12.5 million BTC has not moved in over one year, HEX finally completes their exit scam, and Bernanke's recent comments on the tools that the Fed has to fight the next recession.

https://twitter.com/Rhythmtrader/status/1214316888756555776?s=20

https://t.co/Q3d80nRERx?amp=1

https://cryptoslate.com/hex-origin-address-emptied-out-almost-7-million-withdrawn/